♦ Below expectations. BP Plastics (BPP) 2QFY12/10 net profit of RM3.1m
(-11.6% qoq; -24.5% yoy) took its 1HFY12/10 earnings to RM6.7m (-6% yoy). This accounted for 37% of our full-year forecast. The key variance was due to higher-than-expected input costs i.e. resins.
BP Plastics Berhad : 2QFY12/10 Earnings Lower Due To Higher Costs - 16/08/2010
Showing posts with label BP Plastics. Show all posts
Showing posts with label BP Plastics. Show all posts
Monday, August 16, 2010
Tuesday, May 25, 2010
BP Plastics Berhad: Within Expectations - 25/05/2010
Within expectations. BP Plastics (BPP) 1Q12/10 net profit of RM3.6m (- 10.8% qoq; +20% yoy) accounted for 20% of our and consensus fullyear forecast respectively. We consider this to be within our expectations as 1Q is typically a slower period and we expect stronger earnings in the coming quarters as a result of the economic recovery.
BP Plastics Berhad : Within Expectations-25/05/2010
BP Plastics Berhad : Within Expectations-25/05/2010